Press Releases

Press Releases
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 43 STATES IN LAST 12 MONTHS; FIVE STATES HIT RECORD...

Forty-three states added construction jobs between February 2016 and February 2017 while 39 states added construction jobs between January and February, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that the despite the relatively widespread increase in construction employment, most states are still significantly below peak construction employment levels
NLIHC

Statement from Diane Yentel, President and CEO of the National Low Income Housing Coalition,...

The National Low Income Housing Coalition (NLIHC) commends Representatives Pat Tiberi (R-OH) and Richard Neal (D-MA) for introducing the “Affordable Housing Credit Improvement Act of 2017.” This legislation is designed to strengthen the Low Income Housing Tax Credit (Housing Credit) program to ensure it better serves our nation’s most vulnerable families
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 17, 2017.
AWWA

Utility leaders elevate water infrastructure at AWWA event on Capitol Hill

More than 140 water utility leaders from throughout the United States embarked on 352 meetings with members of Congress this week to elevate the importance of investing in water infrastructure
NAR

Existing-Home Sales Stumble in February

After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors
NIBS

April 21 BSSC Webinar Looks at Steel-Framed Buildings

The National Institute of Building Sciences Building Seismic Safety Council (BSSC) will host the third webinar in its 2017 series sponsored by the Federal Emergency Management Agency (FEMA). The free webinar, “Design of Seismic Force-Resisting Systems in Steel-Framed Buildings,” will be held Friday, April 21, 2017, from 2:00 pm to 3:00 pm ET (11:00 am to 12:00 pm PT).
DOI

DOI Announces $3.74 Million to 12 States for Species Recovery

The Department of the Interior today announced that through the U.S. Fish and Wildlife Service’s (FWS)  Cooperative Recovery Initiative (CRI) more than $3.74 million is being committed to nine projects across 12 states to help recover some of the nation’s most at-risk species on or near national wildlife refuges.
Natural Resources

Panel: Infrastructure Package Must Include Permitting Reforms to Access Raw Materials

The Subcommittee on Energy and Mineral Resources discussed the importance of domestically sourced raw materials for the upcoming infrastructure package.
Congresswoman Eleanor Holmes Norton

Norton Introduces Bill to Give D.C. Mayor Local Authority Over D.C. National Guard, Same...

Congresswoman Eleanor Holmes Norton (D-DC) today introduced her bill to give the D.C. home-rule authority over the D.C. National Guard.  The bill, the District of Columbia National Guard Home Rule Act, would give the D.C. mayor the authority that the chief executive of states and territories have over their Guards.  The mayor would be able to deploy the D.C. National Guard during local emergencies, including natural disasters and civil disturbances unrelated to national or homeland security, after consultation with the Commanding General of the D.C. National Guard. 
Energy and Natural Resources Committee

Murkowski Highlights Need for Lands and Resources Infrastructure

U.S. Sen. Lisa Murkowski, R-Alaska, today held a hearing to continue the Energy and Natural Resources Committee’s discussion of opportunities to improve and expand American infrastructure. Tuesday’s hearing focused on infrastructure beneficial to federal lands and waters, as well as the people and communities who live near and rely on them.
MBA

Independent Mortgage Bank Volumes Decrease, Production Profits Drop in 4th Quarter 2016

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $575 on each loan they originated in the fourth quarter of 2016, down from a reported gain of $1,773 per loan in the third quarter of 2016, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report.
MBA

Commercial/Multifamily Mortgage Debt Ends Year Strong, Despite CMBS Decline

The level of commercial/multifamily mortgage debt outstanding increased by $46.0 billion in the fourth quarter of 2016, as three of the four major investor groups increased their holdings.  That is a 1.6 percent increase over the third quarter of 2016.    On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2016 was $162.0 billion higher than at the end of 2015, an increase of 5.8 percent.
Dollar General

The Boulder Group Arranges Sale of Triple Net Lease Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 8212 Highway 171 in Grand Cane, Louisiana for $1,168,947.
NIBS

BEST5 Technical Committee Issues Call for Abstracts

The National Institute of Building Sciences Building Enclosure Technology and Environment Council (BETEC) and the Building Enclosure Council – Philadelphia are seeking abstracts for papers for presentation at the fifth BEST Conference Building Enclosure Science and Technology™ (BEST5), to be held April 2018 in Philadelphia, Pennsylvania.
ULI

Rose Center to Advise Grand Rapids Mayor Rosalynn Bliss on Using Development Incentives to...

The Rose Center for Public Leadership, jointly operated by the National League of Cities (NLC) and the Urban Land Institute (ULI), is working this week with Grand Rapids Mayor Rosalynn Bliss to explore new and innovative ways the city can best utilize public land and finance incentives to support the community’s vision of vibrant neighborhoods with high-quality parks, a riverfront recreation trail, more mobility and housing options and economic opportunity for people from all walks of life.

How to Predict Forex Trends Using the RSI Indicator

The Forex market is, by its very nature, an unpredictable beast. Its volatility is what makes trading so rewarding, giving traders the opportunity to make quick gains within as little as one day. But with the right tools, you can make pretty accurate predictions. If you use a platform like MetaTrader 4 (MT4), you'll have access to all the indicators you need. Using the RSI indicator on MT4 is an excellent means of technical analysis.
NLCHP

TRUMP BUDGET WOULD DEVASTATE ALREADY FRAYED SAFEY NET, INCREASE HOMELENSSESS

The Trump Administration’s budget makes $6.2 billion in cuts to the U.S. Department of Housing and Urban Development and eliminates the U.S. Interagency Council on Homelessness, which has spearheaded coordinated efforts that have reduced veteran homelessness by as much as 47%. The budget also targets programs under the U.S. Department of Health & Human Services, such as the Low Income Heating and Energy Assistance Program that help keep people in housing and prevent homelessness
Mayor Muriel Bowser

Mayor Bowser to Highlight Administration’s Housing and Jobs Initiatives at the More for Housing...

Tomorrow at 11 am, Mayor Muriel Bowser will highlight her Administration’s unprecedented investments in DC Government programs that promote pathways to the middle class for all DC residents by producing and preserving affordable homes, implementing new strategies to end chronic homelessness, and connecting more residents to job and employment training resources
Capital Impact Partners

New Report Identifies Practices To Address Relocation And Displacement In Revitalizing Neighborhoods

As new development takes hold in once-distressed urban areas, it is important to address the risks of resident relocation and displacement that disproportionately impact low-income residents. With a focus on multifamily development in Detroit, a report from Capital Impact Partners identifies a number of practices that developers, investors, city officials, Community Development Financial Institutions (CDFIs), and public interest groups can use to plan for and responsibly manage development processes that may lead to resident displacement and relocation.
AGC

CONSTRUCTION EMPLOYMENT SHOWS MIXED GEOGRAPHIC PATTERN IN JANUARY WITH INCREASES IN 219 OUT OF...

Construction employment showed a mixed pattern geographically in the latest 12 months, increasing in 219 out of 358 metro areas between January 2016 and January 2017, declining in 104 and stagnating in 35, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that firms in many parts of the country are either benefitting from growing demand for construction or having a hard time finding enough qualified workers to keep up with demand, while firms in other parts suffer from declining demand
NLIHC

Statement from Diane Yentel, President and CEO of the National Low Income Housing Coalition,...

President Trump’s budget slashes critical resources used to help keep housed some of the country’s lowest income and most vulnerable seniors, people with disabilities, families with children, veterans, and formerly homeless individuals. At a time when America’s housing crisis has reached historic heights and the lowest income people suffer the most severe impacts, proposals to further cut these vital resources are unconscionable and unacceptable.
DOI

Interior Department Auctions Over 122,000 Acres Offshore Kitty Hawk, North Carolina for Wind Energy...

U.S. Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced the completion of the nation’s seventh competitive lease sale for renewable wind energy in federal waters. A Wind Energy Area of 122,405 acres offshore Kitty Hawk, North Carolina received the high bid of $9,066,650 from Avangrid Renewables, LLC, the provisional winner.
DOI

President Trump Requests $11.6 Billion for Interior Department’s FY 2018 Budget

U.S. Secretary of the Interior Ryan Zinke today announced President Trump’s $11.6 billion Fiscal Year (FY) 2018 budget blueprint request for the Department of the Interior. The budget meets the Department's core mission while also saving taxpayers $1.5 billion or 12 percent reduction from the FY 2017 Annualized Continuing Resolution level.
Natural Resources

Ballooning Federal Estate a Primary Barrier to Modernizing Infrastructure on Federal Lands

The Subcommittee on Federal Lands held an oversight hearing on ways to improve infrastructure and management at the National Park Service (NPS) and the Forest Service (USFS).
U.S. Department of Commerce

Department of Commerce Seeks Input on Pipelines Made in America

Today in the Federal Register, the Department of Commerce is requesting input on the use of American-made materials in construction and maintenance of American pipelines. President Trump has issued a clear call for American pipelines to be made with American steel, and it is critical that industry, including pipeline owners, operators, manufacturers, distributors, and their suppliers, provide guidance.
HUD

Administration Proposes 2018 HUD Budget

The Administration proposed a Fiscal Year 2018 spending blueprint for discretionary programs in several agencies across the Federal Government, including the U.S. Department of Housing and Urban Development. The blueprint reflects the President’s commitment to support HUD’s critical functions that provide rental assistance to low-income and vulnerable households and to help work-eligible families achieve self-sufficiency. It also recognizes a greater role for State and local governments, and the private sector to address community and economic development nee
HUD

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN FEBRUARY

The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for February 2017
NAHB

Single-Family Housing Starts Reach Highest Level since Late 2007

Nationwide housing starts rose 3 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.288 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 6.5 percent to 872,000 units — its highest reading in nearly a decade — while multifamily starts fell 3.7 percent to 416,000 units.
DHCD

DHCD Response to ODCA Report on Housing Production Trust Fund: Remember Unprecedented Affordable Housing...

Polly Donaldson, Director of the DC Department of Housing and Community Development (DHCD), issued a statement today in response to an Office of the District of Columbia Auditor (ODCA) report on the Housing Production Trust Fund (HPTF). That report made several recommendations for administrative improvements. Donaldson emphasized that HPTF changes implemented since January 2015 have produced and preserved more affordable housing units in the District, and as DHCD’s administrative process continues to evolve, the agency will work collaboratively with ODCA to resolve any findings identified by its review.
ASE

Budget Would Gut Efficiency Programs; Alliance Vows Fight

The Alliance to Save Energy vowed to fight budget cuts for federal energy efficiency programs proposed Thursday by the Trump administration, including the elimination of the successful ENERGY STAR program and sharp reductions at the Department of Energy (DOE).

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NIBS

April 21 BSSC Webinar Looks at Steel-Framed Buildings

The National Institute of Building Sciences Building Seismic Safety Council (BSSC) will host the third webinar in its 2017 series sponsored by the Federal Emergency Management Agency (FEMA). The free webinar, “Design of Seismic Force-Resisting Systems in Steel-Framed Buildings,” will be held Friday, April 21, 2017, from 2:00 pm to 3:00 pm ET (11:00 am to 12:00 pm PT).

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AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 43 STATES IN LAST 12 MONTHS; FIVE...

Forty-three states added construction jobs between February 2016 and February 2017 while 39 states added construction jobs between January and February, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that the despite the relatively widespread increase in construction employment, most states are still significantly below peak construction employment levels